Sunday, November 30, 2014

SHREE RENUKA SUGARS LTD @ 16.65

1.Shree Renuka Sugars Ltd  is a 1 rupee face value sugar compamy. 
2. Shree Renuka Sugars Ltd net selling per share is 70.22 in 2013-14 ,Currently shree renuka sugar is a loss making company so due to his high net sell per share when this stock come back in profit my price target is 75+
3. Promoters of Shree Renuka Sugars also increase their holding from 27.72% to 55.45 % and promoters are not foolish. 
4. Shree Renuka Sugars not pay regular dividends but in 2013 Shree Renuka Sugars pay 0.50 rupee per share dividend and in 2011 pay 1 rupee per share dividend that,s great. 
5. Year high of Shree Renuka Sugars ltd is 31.80 and year low 15.55 , Stock traded at 16.65 
6. So Shree Renuka Sugars ltd is the best multi-bagger penny stock for 2015 because we  see near 25 % jump in sept 2014 quarter selling also
7. I have no any share of Shree Renuka Sugars.

5 comments:

sudheer raja said...

mahesh ji
It's pleasure to read your blogs . Every year you post some of the best multibaggers for short term and long term. Please post for this year too. i am waiting for such a post till date. so thought of asking you.

sudheer

Mahesh chander kaushik said...

Sir visit home page of maheshkaushik.com for this year update regards

Rajat Mukhija said...

dear mahesh ji..what are your views about recovery in sugar industry and about how long from now will it recover and what are essentials turnarounds it require to recovery..plz guide

MALLU said...

what is the debt of the company, and u r view on that

Mahesh Chander Kaushik said...

Total debt is 3150.65 cr and promoters pledged his 47.58% stake so stock is little risky but forigen promoter name Wilmar Sugar Holdigns Private Ltd hold 27.72 % with zero pledged stock and recently declare as promoter of company so I think this stock is take over by Wilmar Sugar Holdigns Private Ltd and they improve debt etc

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